The British Insurance Brokers’ Association has issued new member publications on environmental, social and governance issues. The online guide, created in partnership with law firm Weightmans, provides details on how firms can implement and evolve an ESG policy.

Steve White, outgoing CEO at BIBA, said: “Discussions about ESG issues are already a fixed agenda item on our boards and incorporate the diverse needs of our members on this subject and we have formulated our own ESG policy. However, we wanted to help any member, whatever their ambitions in this area, with their ESG journey.

“Our aim is to help members understand the direction of travel on ESG and support them in integrating ESG into their businesses whatever stage of implementation they may already be at.”

Nick Barker, an environmental lawyer at Weightmans, added: “Effective ESG integration starts by getting the governance right; this guide provides the tools to lay a solid foundation of ESG governance before exploring specific ESG stepping stones.

“Step by step guidance is provided right from initial stakeholder identification to the completion of an ESG materiality assessment through to the implementation of an ESG plan and is a highly useful tool for any firm regardless of where they are currently on the ESG spectrum.”

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